Property Management Blog

Perhaps you just bought a rental property, or maybe you own several. You may be trying to decide whether you want to manage the properties on your own, or hire a professional property manager. There are pros and cons to each option, and today we’re talking about what you need to think about when you’re trying to make this d...

As an owner of rental property, it’s very important to make sure you and your tenant have the proper insurance coverage. A landlord insurance policy is different from the normal homeowner’s policy that you might have on the house you occupy. There are a few features to look for when you’re buying insurance for your in...

  What do you do when your tenant wants to break the lease? This is something we deal with a lot. It has come up quite a bit this last year in particular. Tenants will sign a lease, and six months into that lease, they’ll buy a house or decide to move. They often don’t understand that they are obligated to their contr...

  One of the most stressful times for landlords is when you have to deal with an ugly situation. Maybe things were going fine, and then suddenly your tenant isn’t paying rent or communicating with you. Maybe you have discovered that your tenants trashed your property. These situations are incredibly stressful, and we are here ...

  Millennials make up a big percentage of the rental population, and at Richey Property Management, we see a lot of Millennials renting our homes. I recently read an article about what types of things this age group looks for in a rental property. There are a lot of things they prefer, but these three are the most important things t...

If you have been a landlord for a while, you have probably seen all the different ways people live. Some tenants are neat, some are messy, and some are kind of dirty. You’ve probably seen it all. Tenant Cleaning Responsibilities We’ve seen it all, too. As a Reston property management company, we deal with over 300 pro...

Maintaining a positive relationship with your tenant is really important when it comes to dealing with your rental property. You might be someone who is really social, and maybe you like to be friends with your tenants. Sometimes, that can work against you. Landlord and Tenant Expectations In a relationship like this, a tenant is paying...

First impression is everything, whether be it a first date, a job interview or in a landlord’s case, showing your rental property to a potential tenant. If your rental property is unattractive, the chances of renting it out is low. We all want to live in a nice place so don’t be puzzled why you still haven’t rented ou...

In all our years of business, we’ve met and signed many tenants, and despite them coming from all walks of life we still end up with them having the same assumptions, expectations and misinformation. And although we have perfectly logical explanations for all their expectations and questions, we still wish they know better. Here&r...

Landlording is not for the faint of heart and if you are planning to take this path, you must know, a lot of strings are attached to it. If you are seriously considering it or you are currently a landlord who once to be better at it, here are 9 do’s to becoming an awesome landlord. Do take your landlording seriously. Let&rsq...